Every quarter, we report on our sustainability policy on our website. This time we are reporting on the past quarter: the third quarter of 2025.

This memo covers what we have achieved over the last quarter:

• The number of companies and countries we have excluded from direct investment based on the exclusion criteria in our sustainability policy.
• How much the pension fund has invested in various impact bonds, making a distinction between green, social, sustainable and sustainability-related bonds.
• The progress made in reducing the carbon footprint of our investments.
• How we voted at shareholders’ meetings of the Paris Aligned Benchmark (PAB) equity fund.